Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2015) 243 final (13.5.15) |
Publication Date | 13/05/2015 |
Content Type | Policy-making |
On 7 July 2009, following a recommendation from the Commission, the Council decided that an excessive deficit existed in Poland. On the same date the Council, based on a recommendation from the Commission, addressed a recommendation to Poland with a view to bringing the excessive deficit situation to an end by 2012. On 21 June 2013, the Council concluded that Poland had taken effective action but adverse economic events with major implications on public finances had occurred after the adoption of the original recommendation. Therefore, the Council, following a recommendation from the Commission, issued a new Recommendation to Poland, with a view to bringing the excessive deficit situation to an end by 2014. On 10 December 2013, the Council decided that Poland had not taken effective action in response to the Council Recommendation of 21 June 2013 to correct its excessive deficit by 2014, and recommended Poland to put an end to the excessive deficit situation by 2015. Poland was also recommended to implement rigorously the measures it had already announced and adopted, while complementing them with additional measures to achieve a sustainable correction of the excessive deficit by 2015. In accordance with Article 126(12) of the Treaty, a Council Decision on the existence of an excessive deficit is to be abrogated when the excessive deficit in the Member State concerned has, in the view of the Council, been corrected. In the view of the Council, the excessive deficit in Poland has been corrected and Decision 2009/589/EC should therefore be abrogated. |
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Source Link | Link to Main Source http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2015:243:FIN |
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Countries / Regions | Poland |